$625,000
$685,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
6,160 Sqft Lot
SOLD DATE : 11/14/2022
Key Details
Sold Price $625,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Sugar Add Blks 1-6, 13, 14
MLS Listing ID 6476939
Sold Date 11/14/22
Year Built 1959
Annual Tax Amount $3,225
Tax Year 2021
Lot Size 6,160 Sqft
Acres 0.14
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
5409 W Glendale Avenue is a fantastic opportunity to own a high-performing unanchored multi-tenant retail center in the growing Downtown Glendale Submarket. With four retail suites and a diverse tenant mix, the strip center has two tenants with strong longer terms leases expiring in 2025 and 2026. Additionally, two suites will expire in March of 2023, giving the property rental income upside. The strip center fronts the heavily trafficked Glendale Rd and has proximity to Murphy Park and Grand Avenue.
Location
State AZ
County Maricopa
Community Sugar Add Blks 1-6, 13, 14
Zoning C-2
Direction Head West on Glendale Ave, property is on your left just past 54th Ave.
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Other
Exterior
Parking Features Other
Fence Other, See Remarks
Roof Type Other
Building
Sewer Other
Water Other, See Remarks
New Construction No
Others
Senior Community No
Tax ID 146-05-033-A
Financing Other
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